Global Blue Group Holding AG (NYSE:GB) Short Interest Update

Global Blue Group Holding AG (NYSE:GB) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 95,200 shares, a growth of 5.3% from the June 30th total of 90,400 shares. Based on an average daily volume of 25,300 shares, the short-interest ratio is currently 3.8 days. Approximately 0.2% of the shares of the company are sold short.

Global Blue Group Stock Performance

NYSE:GB traded down $0.26 during mid-day trading on Thursday, hitting $4.54. 28,941 shares of the company traded hands, compared to its average volume of 27,611. The stock’s fifty day moving average price is $4.96 and its 200-day moving average price is $4.86. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 8.36. Global Blue Group has a one year low of $4.10 and a one year high of $6.35. The firm has a market cap of $861.96 million, a price-to-earnings ratio of 64.86 and a beta of 0.42.

Global Blue Group (NYSE:GB) last announced its quarterly earnings data on Wednesday, June 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Global Blue Group had a return on equity of 61.46% and a net margin of 3.29%. The firm had revenue of $114.26 million during the quarter, compared to analysts’ expectations of $112.38 million. During the same period last year, the company earned ($0.01) earnings per share. Research analysts anticipate that Global Blue Group will post 0.3 earnings per share for the current fiscal year.

Institutional Trading of Global Blue Group

A number of institutional investors and hedge funds have recently bought and sold shares of GB. Sei Investments Co. boosted its position in shares of Global Blue Group by 4.1% during the 1st quarter. Sei Investments Co. now owns 100,789 shares of the company’s stock valued at $528,000 after acquiring an additional 4,000 shares during the last quarter. Scalar Gauge Management LLC purchased a new stake in Global Blue Group during the fourth quarter valued at $1,083,000. Allspring Global Investments Holdings LLC lifted its position in Global Blue Group by 2.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 288,224 shares of the company’s stock valued at $1,363,000 after purchasing an additional 6,377 shares during the last quarter. Armistice Capital LLC grew its stake in shares of Global Blue Group by 1.2% in the 4th quarter. Armistice Capital LLC now owns 1,214,475 shares of the company’s stock worth $5,744,000 after buying an additional 14,600 shares in the last quarter. Finally, WCM Investment Management LLC increased its holdings in shares of Global Blue Group by 3.9% in the 1st quarter. WCM Investment Management LLC now owns 1,920,343 shares of the company’s stock worth $10,063,000 after buying an additional 71,326 shares during the last quarter. 89.66% of the stock is currently owned by institutional investors.

Global Blue Group Company Profile

Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).